I have sight over several Irish Life Defined Contributions plans between my spouse and I . I have not combined into one as the AMC varies widely and my old employers plan seems much cheaper.
Pretty much stick to and 80% Global Equity index/ 20% World bond index but amazing how the AMC on nearly identical offerings all from Irish Life can vary from 1% AMC to 0.15% AMC.
Noticed on one of my plans I have monthly deductions of 33 cents for Pensions Board Fee and 5.83 euro for Policy Fee but the other IL plans do not have this. Why is this levied on some IL DC plans and not on other?
Would the AMC be another fee on top of these 2 fees? When and where does the AMC come out?
Are there any other fees I should be aware of?
Thanks
Pretty much stick to and 80% Global Equity index/ 20% World bond index but amazing how the AMC on nearly identical offerings all from Irish Life can vary from 1% AMC to 0.15% AMC.
Noticed on one of my plans I have monthly deductions of 33 cents for Pensions Board Fee and 5.83 euro for Policy Fee but the other IL plans do not have this. Why is this levied on some IL DC plans and not on other?
Would the AMC be another fee on top of these 2 fees? When and where does the AMC come out?
Are there any other fees I should be aware of?
Thanks